A Safer World Financial System
Improving the Resolution of Systemic Institutions: Geneva Reports on the World Economy 12
Published on 30. August 2010
Book
Paperback/Softback
150 pages
978-1-907142-09-3 (ISBN)
Description
Most countries lack an effective framework for dealing with failing systemically important financial institutions (SIFIs). This report argues that any serious attempt to stabilize the global financial system must include carefully crafted policies for restructuring these ""too big to fail"" cross-border institutions. The report recommends approaches for resolving SIFIs in a way that will maintain national sovereignty, enhance international financial integration, and preserve financial stability. Copublished with the International Center for Monetary and Banking Studies (ICMB)
More details
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 248 mm
Width: 171 mm
Weight
333 gr
ISBN-13
978-1-907142-09-3 (9781907142093)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Stijn Claessens is assistant director in the research department of the International Monetary Fund. Richard J. Herring is Jacob Safra Professor of International Banking and codirector of the Wharton Financial Institutions Center at the University of Pennsylvania. Dirk Schoenmaker is dean of the Duisenberg School of Finance and professor of finance, banking, and insurance at the VU University Amsterdam.